National Vision Holdings, Inc. (NASDAQ:EYE) Receives Average Recommendation of “Hold” from Analysts

National Vision Holdings, Inc. (NASDAQ:EYE) has earned an average recommendation of “Hold” from the five brokerages that are covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation. The average 1 year price objective among analysts that have covered the stock in the last year is $23.86.

Separately, The Goldman Sachs Group boosted their price objective on shares of National Vision from $18.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, February 28th.

Hedge Funds Weigh In On National Vision

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. grew its stake in National Vision by 56.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,669 shares of the company’s stock worth $140,000 after buying an additional 2,400 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of National Vision by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 8,882,529 shares of the company’s stock valued at $185,911,000 after purchasing an additional 54,422 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of National Vision by 6.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 868,126 shares of the company’s stock valued at $18,170,000 after purchasing an additional 54,934 shares in the last quarter. Prelude Capital Management LLC purchased a new stake in shares of National Vision in the 4th quarter valued at $3,273,000. Finally, Hawk Ridge Capital Management LP purchased a new stake in shares of National Vision in the 4th quarter valued at $69,274,000.

National Vision Price Performance

EYE opened at $17.88 on Friday. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of -21.04, a PEG ratio of 3.99 and a beta of 1.39. The company has a quick ratio of 0.70, a current ratio of 1.00 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average price of $21.15 and a 200-day moving average price of $19.61. National Vision has a twelve month low of $13.71 and a twelve month high of $27.02.

National Vision (NASDAQ:EYE) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.07. The company had revenue of $506.40 million during the quarter, compared to analysts’ expectations of $499.49 million. National Vision had a negative net margin of 3.10% and a positive return on equity of 3.69%. National Vision’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.11) earnings per share. Equities analysts expect that National Vision will post 0.31 EPS for the current year.

About National Vision

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.